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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 1)1
OSICOM TECHNOLOGIES, INC.
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(Name of Issuer)
Common Stock, $.30 par value
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(Title of Class Securities)
688271 40 2
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(CUSIP Number)
December 31, 1999
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
schedule is filed:
[X] Rule 13d-1 (b)
[ ] Rule 13d-1 (c)
[ ] Rule 13d-1 (d)
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1 The remainder of this cover page shall be filled out for a reporting
person's initial filing on this form with respect to the subject class of
securities, and for any subsequent amendment containing information which would
alter the disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not
be deemed to be "filed" for the purpose of Section 8 of the Securities Exchange
Act of 1934 ("Act") or otherwise subject to the liabilities of that section of
the Act but shall be subject to all other provisions of the Act (however, see
the Notes).
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<PAGE>
CUSIP No: 688271 40 2 SCHEDULE 13G Page 2 of 5 Pages
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1 NAME OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Heritage Capital Management, Inc.
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [_]
(b) [_]
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3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
State of Maryland
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5 SOLE VOTING POWER
NUMBER 25,000
SHARES ------------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY -0-
EACH ------------------------------------------------------
REPORTING 7 SOLE DISPOSITIVE POWER
PERSON 25,000
WITH ------------------------------------------------------
8 SHARED DISPOSITIVE POWER
-0-
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
25,000
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
[_]
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.225%
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12 TYPE OF REPORTING PERSON
IA
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CUSIP No: 688271 40 2 SCHEDULE 13G Page 3 of 5 Pages
Item 1.
(a) Name of Issuer
Osicom Technologies, Inc.
(b) Address of Issuer's Principal Executive Offices
2800 28th Street
Suite 100
Santa Monico, CA 90405
Item 2.
(a) Name of Person Filing
Heritage Capital Management, Inc.
(b) Address of Principal Business Office or, if none, Residence
619 Severn Avenue
Suite 302
P.O. Box 5035
Annapolis, MD 21403
(c) Citizenship
State of Maryland
(d) Title of Class of Securities
Common Stock, par value $0.30 per share
(e) CUSIP Number
688271402
Item 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) [ ]Broker or Dealer registered under Section 15 of the Act
(b) [ ]Bank as defined in Section 3(a)(6) of the Act
(c) [ ]Insurance Company as defined in Section 3(a)(19) of the Act
(d) [ ]Investment Company registered under Section 8 of the Investment Company
Act
(e) [X]An Investment Adviser in accordance with Rule 13d-1(b)(1)(ii)(E)
(f) [ ]An employee benefit plan or endowment fund in accordance with Rule
13d-1(b)(1)(ii)(F)
(g) [ ]A parent holding company or control person in accordance with Rule
13d-1(b)(1)(ii)(G)
(h) [ ]A savings association as defined in Section 3(b) of the Federal Deposit
Insurance Act (12 U.S.C. 1813)
(i) [ ]A church plan that is excluded from the definition of an investment
company under Section 3(c)(14) of the Investment Company Act of 1940
(j) [ ]Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
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CUSIP No: 688271 40 2 SCHEDULE 13G Page 4 of 5 Pages
Item 4. Ownership
(a) Amount Beneficially Owned
25,000
(b) Percent of Class
0.225%
(c) Number of shares as to which such person has:
<TABLE>
<S> <C>
(i) sole power to vote or to direct the vote: 25,000
(ii) shared power to vote or to direct the vote: -0-
(iii) sole power to dispose or to direct the disposition of 25,000
(iv) shared power to dispose or to direct the disposition of -0-
</TABLE>
Item 5. Ownership of Five Percent or Less of a Class
If this statement is being filed to report the fact that as of
the date hereof the reporting person has ceased to be the beneficial owner of
more than five percent of the class of securities, check the following |X|
Item 6. Ownership of More than Five Percent on Behalf of Another Person
Not Applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired the
Security Being Reported on By the Parent Holding Company
Not Applicable.
Item 8. Identification and Classification of Members of the Group
Not Applicable.
Item 9. Notice of Dissolution of Group
Not Applicable.
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CUSIP No: 688271 40 2 SCHEDULE 13G Page 5 of 5 Pages
Item 10. Certification
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above were acquired and
are held in the ordinary course of business and were not
acquired and are not held for the purpose of and do not have
the effect of changing or influencing the control of the
issuer of such securities and were not acquired and are not
held in connection with or as a participant in any transaction
having such purposes or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
February 8, 1999
Heritage Capital Management, Inc.
/s/ Keith R. Dunleavy
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Keith R. Dunleavy
President
